I rise in support of this legislation, and I think that President Obama and the leaders in the House and the Senate should be given a warm congratulations on being able to come to some agreement to prevent America from defaulting on its debt. We all know that this is not a perfect piece of legislation, but one of the real positives of this legislation is the joint commission that's going to be established by six Members from the House and six Members from the Senate who will come up with recommendations to reduce Federal spending. We do know that exempt from that is Social Security, veterans' benefits as well as Medicaid, for those who really need health care the most. Yet I've heard a lot of discussion today about ``this is not about jobs''; so I would just point out that getting our financial house in order is very important. If you've read any newspaper recently, you will find out that, in this administration, the excess of regulations coming out, particularly from the EPA, have been a real hindrance to job creation in America as well as the uncertainty of the health care bill that was adopted last year. So this is an important first step in getting our financial house in order. Next, we need to start working on removing uncertainty on the regulatory side of the government. So I would urge everyone to support this legislation. The SPEAKER pro tempore. The gentleman from Massachusetts has 3 minutes remaining, and the gentleman from California has 2\3/4\ minutes remaining.…
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Mr. Chairman, I yield 3 minutes to the distinguished gentleman from Ohio (Mr. Latta), who is a member of the Energy and Commerce Committee, a cosponsor of this legislation, and a gentleman focused on energy issues.
Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and insert extraneous material on S. 2012. The SPEAKER pro tempore. Is there objection to the request of the…
Mr. Chairman, I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Kentucky (Mr. Whitfield). The question was taken; and the Acting Chair announced that the ayes appeared to…
Mr. Chairman, I yield 3 minutes to the distinguished gentleman from Texas (Mr. Flores), who is a member of the Energy and Commerce Committee and, I believe, a cosponsor of this legislation.





